Daily Digit: Paulson Fund Down 27%


Your Daily Digit today is 27 percent. That's how much John Paulson's gold fund lost in April in a big sell-off in the gold market. The one-month drop brought the total year to date loss for the under $1 billion fund to almost fifty percent, a source familiar with the fund said. And it all became apparent when John Paulson, the famous billionaire hedge fund manager, let the cat out of the bag on Monday talking to investors.